July 30, 2010

TRADING STATEGY OF 30th JULY





 Nifty Fut (5421) - So now 5410 becomes resistance. below this, slide to 5375-5345. but below 5345 real problem starts.. Upside hurdle remain same at 5447-5467.



  JET AIRWAYS (INDIA) SHORT TERM CALL.

JETAIRWAYS (666) - above 667 But in the short term, as long as stays above 600, shortly going to attack 800.



July 29, 2010

TRADING STATEGY OF 29th JULY




 Nifty Fut (5393) - So now 5410 becomes resistance. below this, slide to 5355-5345. but below 5345 real problem starts.. Upside hurdle remain same at 5467.





HDFC -- As per last update on July 27, If  break 2948 tgt 2934 - 2920 - 2880,,today it low 2880 .









 ABAN  -- As per last update on July 26 , If not break and trade below 832, expect upmove starts from here and once clear the 860 hurdle, then move to 912 or even 929-940. But below 832 expect 815 and after that 792.

 
yesterday close  828 & today it low 816 high 908 & close 902 Now what next ? Tgt 912 then expect 929-940-975 very shortly.

July 28, 2010

TRADING STATEGY OF 28th JULY




NF (5433) - What else to write, except repeat the same level. yesterday exactly took support 5410 and went upto 5459 but unable to break 5467. So - Resist @ 5467, above that 5488 -5500 U-TURN LEVEL  @ 5527. - Support @ 5410, below that 5360-5345.



  INGVYSYABK  (338) - If trade above 338, On going rally going to top out between 355--370 .SUPP of 327-325.






July 27, 2010

TRADING STATEGY OF 27th JULY




 NF (5443) - So now 5410 becomes support. Above 5467 going to attack 5492 - 5526. Below 5410, next downside 
level 5360-5345 remain same.







HDFC (2958) - After yesterday crash , now what next ? If trade and stays below 2948, shortly come down to 2934--2920-2880.






 HERO HONDA MOTORS
HEROHONDA (1804) - After yesterday crash , now what next ?
If trade and stays below 1800, shortly come down to 1760-1600-1550.
 

July 25, 2010

TRADING STATEGY OF 26th JULY

 


 NF (5443) - So now 5421 - 5410 becomes support. Above 5467 going to attack 5492 - 5526. Below 5410, next downside 
level 5360-5345 remain same.



BANK INDIA - POSITIONAL



BANKINDIA (402) - Timebeing topped out at 402, expect minimum correction 380_375. But two close above 403, take it to 470 & 496.






ABAN - POSITIONAL    
  
ABAN (840) - If not break and trade below 832, expect upmove starts from here and once clear the 860 hurdle, then move to 912 or even 929-940. But below 832 expect 815 and after that 792.